Quote:
Originally Posted by dominick
I was in that station awhile ago having coffee & the former owner was going over the business records for the previous day or week. He complained to someone that they lose $.01 on every gallon of gas that they sell because of some kind of extra tax that they have to pay. If true,they must depend on the store sale for their profit. Tough business. Now, they have U-Haul trucks, etc, all over the place.
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Not doubting what you heard - - - but for what they get at that particular station for a gallon of fuel, the other stations selling it for a lot less must be losing their shirts!!! I know it's a low-margin business.......but it doesn't seem like anybody could make much of a go of it if they're losing money by selling something. I'd think it'd be tough to make it up on the other things they sell. But what do I know - never have owned a gas station/convenience store!!
Bill